Placing and Directorate Change

29 October 2015

TREVERIA PLC

(the "Company")

Placing and Directorate Changes

Placing

The Board of Treveria PLC is pleased to report that Peterhouse Corporate Finance Limited ("Peterhouse") has conditionally raised €520,902 (before expenses) through the placing of 520,902,740 new ordinary shares of no par value each in the Company("Placing Shares") at a price of €0.001 per share ("Placing Price"). Application has been made for the Placing Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will take place and trading in the Placing Shares will commence on AIM at 8.00am on Monday 9 November 2015, following the record date of the distribution on 6 November 2015, as announced earlier today.

Upon Admission, the Company will have 1,125,911,549 Ordinary Shares in issue ("New Issued Share Capital").

Issue of Warrants

In connection with the Placing Shares, it is proposed that the Company enter into a warrant instrument pursuant to which the Company will issue one warrant for every two Ordinary Shares subscribed for pursuant to the placing, or a total of 260,451,370 warrants ("Placee Warrants"). Entry into the warrant instrument is conditional on Admission.

The Placee Warrants may be exercised at any time within 12 months of Admission and shall entitle the Placees to subscribe for one new Ordinary Share for each Placing Warrant held which are exercisable at the Placing Price.

In addition, the Company will issue Peterhouse a warrant instrument for work in relation to the restructuring of the Company which is exercisable over 3 per cent. of the Company's issued share capital from time to time at the Placing Price, for a period of up to 1 year from Admission.

Directorate Changes

The Company announces that David Malpica has resigned as a non-executive director of the Company with immediate effect. At the same time, Cameron Pearce has been appointed to the Board of Directors, as Non-Executive Chairman, with immediate effect.

Cameron William Leslie Pearce (aged 43) - Non-Executive Chairman

Cameron Pearce has extensive professional experience in the financial services industry in both Australia and the United Kingdom. In recent times, he has provided corporate, strategic, financial and advisory assistance to private and public companies in Australia and the United Kingdom. Mr Pearce is a member of the Australian Institute of Chartered Accountants and has been in commerce over fifteen years, holding senior financial and management positions in both publically listed and private enterprises in Australia, Europe, Asia, Africa and Central America. Mr Pearce has considerable corporate and international expertise and over the past decade has focused on mining and exploration activities. Mr Pearce is currently non-executive chairman at CEB Resources plc and non-executive director at Stallion Resources plc, both AIM-quoted companies.

There are no further matters that require disclosure in relation to Mr Pearce pursuant to Schedule 2 (g) of the AIM rules.

As a result of his participation in the Company's recent placing, Mr Pearce holds 45,679,420 Ordinary Shares, equivalent to 4.06% of the New Issued Share Capital in the Company.

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